The Bullion Banks' Control of the Gold Price Could Be Unravelling.

in steemleo •  4 years ago 

Today I will cover the ongoing saga in the gold market where we have seen shortages around the world of physical bullion and huge premiums needed to be paid to get coins and bars of gold and silver.

I will go through a very thorough and detailed article by Ronan Manly of Bullion Star in Singapore. Mr Manly's conclusion is that it is possible that one of the major bullion banks has been taken to the cleaners so to speak.

"Bullion Bank Nightmare As LBMA-COMEX Spread Blows Up Again": https://www.zerohedge.com/commodities/bullion-bank-nightmare-lbma-comex-spread-blows-again

Desperate Bankers Ask Military for Help As Gold Goes Into Hiding.:

Gold is Going into Hiding:

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Thanks again for sharing your educational information, Maneco64. Yes, the premiums, on physical Precious Metals, have jacked up the bottom line price on physicals. It just occurred to me that the is a paper premium on paper metals.

Craig Hemke also mentions what happened on March 24 in Greg Hunter interview on April 8 (at 5:45-6:o5 mark). You might know it, but in case missing.